Everton and Linear Gold discover a new gold-copper anomaly at the Tres Bocas zone, Loma El Mate Property, Dominican Republic
Everton Resources Inc. (TSXV:EVR) and Linear Gold Corp. (TSX:LRR) are pleased to announce the discovery of a significant gold-copper system at Las Tres Bocas on the Loma El Mate property, Dominican Republic.
Regional exploration of the Loma El Mate property carried out in early 2005 led to the discovery of a NW-trending zone containing gossan boulders and strongly leached meta-volcanic rocks over nearly one kilometre of strike length. Thirteen float samples (13) were initially collected over the area, and all but two yielded anomalous gold values. Values from this first set of samples ranged as high as 19.8 grams per tonne gold, and anomalous values of Copper, Silver, and Molybdenum are also present with values ranging up to 0.38% copper, and 11.3 grams per tonne silver. Re-sampling of the 19.8 grams per tonne gold gossan boulder and nearby boulders produced values of 29.4 and 17.4 grams per tonne gold.
Three hundred eighty one (381) soil samples and fifty six (56) rock samples collected over the zone in April of 2005 have identified gold and copper mineralization over NW trending zone. Results from the soil program defined a 900 metre by 200 metre area of detectable gold and anomalous copper values that range up to 1.8 grams per tonne gold and 0.11% copper. Of the rock samples collected, 33 contained anomalous gold values with six samples greater than 0.1 gram per tonne gold with a high of 0.6 gram per tonne, and ten samples of strongly oxidized meta-volcanic rocks graded better than 0.1% copper with a high value of 0.23% copper.
The Las Tres Bocas gold-copper soil anomaly is hosted within the meta-volcanic rocks of the Maimon deformed belt, which hosts several poly-metallic (Cu-Zn-Au-Ag) volcanic massive sulfide deposits in the Dominican Republic including the Cerro de Maimon copper-gold deposit.
A detailed geophysical induced polarization (IP) survey will be conducted this September over the Tres Bocas gold-copper zone to further define drill targets. Drilling of high-priority gold targets is scheduled to follow the completion of the geophysical survey.
Finally, assay results from the 3-hole program, carried out in April 2005 on another area of the property, did not return any significant values.
This press release has been prepared under the supervision of Marc L'Heureux, P. Geo., Vice President Exploration of Everton Resources Inc. who serves as the “Qualified Person” for this project under National Instrument 43-101.
The TSX Venture Exchange neither approves nor disapproves of the information contained in this News Release. The Company’s Shares are listed on the TSX Venture Exchange and trade under the symbol “EVR”.
For more information, please contact:
Chairman & CEO
Tel: 613 241 2332
Fax: 613 241 6005
Email address: [email protected]
Back to top